Former FTX Executive’s charity turned a donation into 9 figures via insider trading. Coinbase responds to SEC’s claims on Stablecoins. Circle hasn’t received a Wells notice after it was reported they did. Monad closes seed round. New class action suit claims Silvergate helped FTX transfer customer funds.

Welcome to Daily Digest. We surface trending news in crypto based on conversations found on Twitter, news publications, blog posts, and other social media, powered by the Coinfeeds platform.

Below are some of the top sentiment changers and news

Projects Sentiment Rankings:

Top

These are the top of mind coins today for crypto twitter.

This is the ranking snapshot at time of writing. It is updated hourly on the Twitter sentiment ranking page

Bottom

These are the most negative coins today on crypto twitter.

• Paxos is getting sued by the SEC because of BUSD

• BUSD and Paxos ended relationship

• A new lawsuit has claimed Silvergate of “aiding and abetting” of FTX’s transfer of customer funds to Alameda

• Celsius is seeking to recover millions allegedly transferred to CEO and other Executives

• An oracle attack happened to DeFiYield which estimated in $120M stolen from the protocolSee most negative projects updated hourly.

Projects Sentiment Movers:

Big sentiment moves alway have news behind it, here’s the biggest movers and why. Here is how we find these movers.

Ripple (+216): Donated $1M in XRP to support victims of Turkey-Syria EarthquakePhantom Wallet (+80): Announced that you will be able to import other wallets over to Phantom soonChiliz (+97): Chiliz builds Layer 1 blockchain on Ankr

These are a few of the top sentiment movers for yesterday. To see all of the sentiment movers click the links above

Trending from yesterday 👍

1. Blockchain Association files an amicus brief in SEC v Wahi

2. NFT legend donates 22 NFTs from their collection to LACMA

3. Blur airdrop happened yesterday

News

Here’s the trending news items over the last 24 hours. If you’d like to see even more updated news, you can also find trending tweets updated hourly, and trending news updated in real time on our website.

Coinbase releases a strong worded statement regarding SEC and Stablecoins

It was reported that Circle received a Wells notice, then retracted that they haven’t received one by same reporter

Extremely bullish that projects are still receiving funding given the market conditions and uncertainty on regulations coming from US Government. Monad announces $19M seed round

Jake Chervinsky lays out an incredible thread on the current state of crypto policy

SEC looking to make all of our lives a little more difficult

A newly proposed class action lawsuit accuses Silvergate Bank of aiding and abetting with FTX in the transfer of customer funds to Alameda. This could be huge

A former FTX Executive’s Charity generated profits from Insider Trading when they turned a $600k donation of FTT into roughly $150M